Obama’s Green Regime has done everything it can to retard domestic fossil fuel production. … as the administration puts every road-block in the way of domestic fossil fuel product, it lavishes millions of taxpayer bucks on corrupt, inefficient “green energy” companies. … “you ain’t seen nothing yet!” – American Thinker

 

By Gary Jason at American Thinker

 

EXCERPTS:

But in the immortal words of Bachman-Turner Overdrive, “you ain’t seen nothing yet!”  Obama’s controversial EPA chief, Lisa Jackson, has pushed through the agency a passel of new regulations that will raise the cost of electricity dramatically over the next three years.

These new EPA regulations — clearly intended to make up for the fact that the administration couldn’t get its cap-and-trade legislation through Congress even when its own party controlled both houses — and their baleful effects are the focus of a detailed new study by economist Kathleen Hartnett White …

 

Ms. White estimates that these rules, scheduled to become operational by 2015, will cost our economy more than $1 trillion and hundreds of thousands of jobs.  This would occur in the midst of the worst economic recovery since the Great Depression.

FULL ARTICLE

 

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